American Century Companies Inc. Buys 104,617 Shares of Barclays PLC (NYSE:BCS)

American Century Companies Inc. increased its stake in shares of Barclays PLC (NYSE:BCS) by 6.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,710,276 shares of the financial services provider’s stock after acquiring an additional 104,617 shares during the period. American Century Companies Inc.’s holdings in Barclays were worth $18,317,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Sage Mountain Advisors LLC increased its holdings in shares of Barclays by 7.7% during the 2nd quarter. Sage Mountain Advisors LLC now owns 11,767 shares of the financial services provider’s stock valued at $126,000 after acquiring an additional 838 shares during the last quarter. Lindbrook Capital LLC increased its holdings in shares of Barclays by 18.6% during the 1st quarter. Lindbrook Capital LLC now owns 6,282 shares of the financial services provider’s stock valued at $59,000 after acquiring an additional 986 shares during the last quarter. Sage Rhino Capital LLC increased its holdings in shares of Barclays by 7.9% during the 1st quarter. Sage Rhino Capital LLC now owns 16,774 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 1,233 shares during the last quarter. Legacy Wealth Asset Management LLC increased its holdings in shares of Barclays by 2.0% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 61,623 shares of the financial services provider’s stock valued at $582,000 after acquiring an additional 1,237 shares during the last quarter. Finally, AMG National Trust Bank increased its holdings in shares of Barclays by 0.4% during the 2nd quarter. AMG National Trust Bank now owns 333,744 shares of the financial services provider’s stock valued at $3,574,000 after acquiring an additional 1,343 shares during the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Price Performance

Shares of NYSE:BCS opened at $12.22 on Friday. The business has a 50 day moving average price of $11.74 and a 200 day moving average price of $10.77. Barclays PLC has a twelve month low of $6.23 and a twelve month high of $12.49. The company has a market cap of $45.28 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 0.63 and a beta of 1.43. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.98.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. Barclays had a return on equity of 5.94% and a net margin of 16.83%. The company had revenue of $7.98 billion during the quarter. During the same quarter in the prior year, the business posted $0.43 EPS. Research analysts predict that Barclays PLC will post 1.68 earnings per share for the current year.

Barclays Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 16th were given a $0.2684 dividend. The ex-dividend date was Friday, August 16th. This represents a dividend yield of 3.6%. This is an increase from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio (DPR) is currently 21.64%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on BCS shares. StockNews.com raised Barclays from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th. Kepler Capital Markets initiated coverage on Barclays in a research note on Thursday, September 5th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company. Based on data from MarketBeat, Barclays presently has a consensus rating of “Moderate Buy”.

Barclays Profile

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.